Financing

July 16, 2009

FHA Wins Minneapolis Duplex Financing Wars Again

It sounds presposterous, but a client actually had a computer glitch significantly delay his purchase of a duplex the other day. As he was using FHA financing, the glitch […]
July 6, 2009

Do You Pay More In Interest When You Buy A Duplex?

One of the most common questions I get is, “What’s the interest rate on a duplex?” And as I do with so many of my answers, […]
June 25, 2009

How Much Should You Put Down On A Minneapolis Duplex Contract for Deed?

With today’s tightened lending standards, many investors are having a difficult time finding financing. As a result, the contract for deed has once again emerged as a viable option. […]
June 5, 2009

Translation: How To Get The $8000 Tax Credit For Closing Costs

Every time HUD makes a change in the first time home buyer tax credit, they announce it by issuing something called a mortgagee letter. These edicts announce the […]